The City of Toronto is three different markets right now. Downtown and the central districts have plenty of supply and buyers who take their time. The west end is in between. The east end, from Leslieville to Scarborough, is the busiest part of the GTA. And within Scarborough itself, the districts are moving in different directions.
TRREB reported 1,937 sales in the City of Toronto in September at an average of $1,034,320 and a median of $810,000. Homes sold for 99 per cent of asking on average after 33 days. The MLS® Home Price Index put the city's composite benchmark at $908,200, down 3.8 per cent on the year and down 1.1 per cent from August.
Three markets in one city
| Area | Sales | Median price | Of asking | Days | Supply |
|---|---|---|---|---|---|
| Toronto East | 481 | $880,000 | 101% | 29 | 3.6 months |
| Toronto West | 532 | $830,000 | 99% | 33 | 4.4 months |
| Toronto Central | 924 | $721,000 | 98% | 34 | 5.1 months |
From TRREB's September 2026 Market Watch. Average sale-to-list ratio, average days on market and months of supply (TRREB's trend measure).
Central Toronto's lower median reflects its condos: the city's apartment benchmark is down 6.4 per cent on the year, against 4.5 per cent for detached homes. The hottest pockets are just east of downtown. E01 (Leslieville and Riverdale) sold for 109 per cent of asking in 18 days on average, and E02 (the Beaches) for 105 per cent in 12 days.
Scarborough, district by district
| District | Sales | Median | Of asking | Days | Benchmark · YoY |
|---|---|---|---|---|---|
| E04 | 52 | $812,500 | 99% | 29 | $706,800 · −8.8% |
| E05 | 39 | $738,000 | 99% | 30 | $761,300 · −5.2% |
| E06 | 26 | $770,000 | 99% | 37 | $901,200 · −7.1% |
| E07 | 39 | $778,000 | 101% | 23 | $715,200 · −6.6% |
| E08 | 36 | $803,000 | 97% | 41 | $782,900 · −8.1% |
| E09 | 47 | $770,000 | 99% | 39 | $697,500 · −7.7% |
| E10 | 43 | $940,000 | 97% | 30 | $883,600 · −5.2% |
| E11 | 28 | $685,000 | 99% | 51 | $653,600 · −9.5% |
Sales, median, average sale-to-list and average days on market from TRREB's September 2026 Market Watch. Benchmark is the September 2026 MLS® HPI composite and its change from September 2025.
E07 (Agincourt and Milliken) was the standout, selling for 101 per cent of asking in 23 days on average. E10 (Rouge and Highland Creek) has the highest prices in Scarborough, with a median of $940,000 and only 3.8 months of supply.
The surprise is townhouses. Prices fell across most of Scarborough, but the townhouse benchmark is up 3.7 per cent on the year in E09 and up 1.3 per cent in E10. In a market where almost every benchmark is lower than a year ago, that's a rare exception. E11 (Malvern and Rouge) went the other way: its composite is down 9.5 per cent, its townhouses 13.4 per cent, and homes there took the longest to sell, at 51 days.
What it means for you
If you're selling in the east end, including most of Scarborough, buyers are still paying at or near asking. A sharp price at launch is what brings the multiple offers that E01, E02 and E07 are seeing.
If you're buying, central Toronto and its condos give you the most choice and the most room to negotiate. In Scarborough, E11 and E08 have the most supply and the biggest price drops. They're the districts where a patient buyer has the most leverage.
If you're an investor, Toronto condo apartments are down 6.4 per cent on the year and have five months of supply in the core. That's a buyer's position, but only if the rent covers today's carrying costs.
Sales, prices, days on market, sale-to-list ratios and months of supply are from TRREB's September 2026 Market Watch. Benchmark prices are from the TRREB/Altus MLS® Home Price Index, September 2026. District names are general guides to TRREB's district boundaries. This article is general market information, not financial, mortgage or investment advice.
